摘要：European banking sectors have been subject to various forms of deregulation, liberalization, as well as dramatic improvements in information technology (IT). As the result of the creation of the European Union’s Single Market, the financial institutions are transforming themselves in response to fundamental changes in regulation and technology. Many of these changes have vast implications for competition, concentration and the efficiency of financial sectors.
其他摘要：European banking sectors have been subject to various forms of deregulation, liberalization, as well as dramatic improvements in information technology (IT). As the result of the creation of the European Union’s Single Market, the financial institutions are transforming themselves in response to fundamental changes in regulation and technology. Many of these changes have vast implications for competition, concentration and the efficiency of financial sectors.
关键词：competition;concentration;efficiency;Panzar- Rosse model;mergers and acquisitions;market structure;banks.
其他关键词：competition;concentration;efficiency;Panzar- Rosse model;mergers and acquisitions;market structure;banks.
